Industrial conglomerate 3M Company (MMM) has been featured extensively in recent updates, with a mix of positive and negative events. The company's share price has grown 15.8% YTD and 40.2% over the year, with solid earnings reported for all quarters so far. It has a bullish price target increase to $130 by RBC Capital. The company has successfully resumed growth after its strategic moves and operational efficiency bolstered margins. Additionally, 3M is on course for a 25% margin expansion and aims to launch 1,000 new products by 2028. Investors' confidence has been further boosted by increased full-year EPS guidance given by the company, following strong company results. Despite these achievements, several cautionary articles advise investors to reassess their 3M shares, citing possible near-term volatility, and 3M is still adjusting to the spinoff of Solventum. In a significant operational strategy, 3M is contemplating divesting billions of assets from its industrials business.
3m Company MMM News Analytics from Fri, 07 Feb 2025 08:00:00 GMT to Fri, 28 Nov 2025 16:18:00 GMT -
Rating 5
- Innovation 7
- Information 8
- Rumor -3
